Living with parents again could fuel the next Bitcoin bull run.

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Quote from: RealMalatesta on August 14, 2020, 04:14:15 PM

Quote from: Findingnemo on August 14, 2020, 11:12:36 AM

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Maybe it's happening in NewYork but I don't think it's happening to other part of the world, I prefer living in a small room or apartment tham my family living with my parents you need to be independent if you can and if you are leaving with your parents it could only mean you cannot afford to live on your own which is a must.

In most part of the world, kids will be separated when they starts earning money on their own and even kids studying while they are working as a part time employee.So its your willingness if ou want to be independent rather than with your family but if you are not living in a developed country then things can go wrong as well.

Also, it is important to note that when you have personal expenses already, that means you are saving from only the bills and rent and considering it would be rude to not help out at all to your family and their expenses, you will probably be saving a lot less than you imagine.

So, having a room in some apartment to pay very little and just share the bills would mean you would be basically spending only a tiny bit more and that would mean that you would be at least living alone without any parental advice on top of you all the time and you could end up living a better life. After a certain age it doesn't really feel like you could ever go back to your family house, it is just not the same and you would definitely end up not bored out of your mind since living by yourself is definitely better than living with your parents.

This will not make sense not unless you initiate to save money because whenever you are, living with your parents or not if you have no skills in saving money and not dedicated to save, its useless. Living with your parents can sure save you a lot, but after that what is your plan and is it ok to depend on your parents for the sake of your personal goal? Well, this will depend on you.

In my part, my parents depend on me and I paid for their daily expenses as a bread winner and fortunately I can still save money for my personal financial goal this is because of my bitcoin earnings and I'm thankful for that. Plan to save money and plan when to buy and sell bitcoin, this can save you a lot and can make good profit.

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Quote from: Findingnemo on August 14, 2020, 11:12:36 AM

Quote from: ?? on ??

Maybe it's happening in NewYork but I don't think it's happening to other part of the world, I prefer living in a small room or apartment tham my family living with my parents you need to be independent if you can and if you are leaving with your parents it could only mean you cannot afford to live on your own which is a must.

In most part of the world, kids will be separated when they starts earning money on their own and even kids studying while they are working as a part time employee.So its your willingness if ou want to be independent rather than with your family but if you are not living in a developed country then things can go wrong as well.

Also, it is important to note that when you have personal expenses already, that means you are saving from only the bills and rent and considering it would be rude to not help out at all to your family and their expenses, you will probably be saving a lot less than you imagine.

So, having a room in some apartment to pay very little and just share the bills would mean you would be basically spending only a tiny bit more and that would mean that you would be at least living alone without any parental advice on top of you all the time and you could end up living a better life. After a certain age it doesn't really feel like you could ever go back to your family house, it is just not the same and you would definitely end up not bored out of your mind since living by yourself is definitely better than living with your parents.

Findingnemo

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Quote from: ?? on ??

Maybe it's happening in NewYork but I don't think it's happening to other part of the world, I prefer living in a small room or apartment tham my family living with my parents you need to be independent if you can and if you are leaving with your parents it could only mean you cannot afford to live on your own which is a must.

In most part of the world, kids will be separated when they starts earning money on their own and even kids studying while they are working as a part time employee.So its your willingness if ou want to be independent rather than with your family but if you are not living in a developed country then things can go wrong as well.

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It depends on the situation.

You may live with your parents but what if you are the breadwinner of the family and you are the only one who is working in your family?? Yes you can save more money when you are living with your own family and that includes the rental expenses but what if you are the one who is giving everything from your family like food expenses and the bills in the houses. The supposedly rental expenses may still be used in other expenses.

In this current situation, most people can't save money right now because of the pandemic therefore they don't have money to buy Bitcoin.

rodskee

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Maybe it's happening in NewYork but I don't think it's happening to other part of the world, I prefer living in a small room or apartment than my family living with my parents you need to be independent if you can and if you are leaving with your parents it could only mean you cannot afford to live on your own which is a must.

If you are saving wisely and there's good spot for inside your house/your parents house
why not save your money and invest.
It's a good way saving your money as apartment or owning a house is really expensive
if you can go to your parents
and they allow you to stay with them without any issue, it's practical and the saving that
you'll have can be use to fuel your investment.

Kong Hey Pakboy

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Living with your parents, so you could save money for to maintain your investment might be good while we are now having a bull market. But it would be rude of you, if you will not give money to your parents to support all of your daily needs. It is why if you will live with your parents you should give them some hand by giving them some money without getting any trouble in paying all of your expenses, but it might results from cutting some of your losses.

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Quote from: target on July 28, 2020, 04:23:03 PM

Kids today expect not just inheritance from their parents but wants them taken care of for the rest of thier lives. And parents also likes it because they cansee thier kids and monitor thier grand chikldren like its theirs. But its just not helping the new generation to be independent. The family ties of some culture though are always like this especially in Asian countries.

That is one way to look at it but at the same time we must recognize that things are not looking good for the next generation, their parents could enjoy a nice retirement, job security and decent house prices, this is not true anymore and thanks to computers your job is just a few lines of code away to be unnecessary and this is a risk always looming over the heads of young people, so I think this generation needs a little bit more of help to be able to stand on their own.

STT

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This whole thing is small economy thinking when you need to consider what changes the world, from a new product to the wider economy. People saving money is a good thing but the motivation to spend less and consume less ie. rent savings over owning your property is not a positive for BTC or the economy overall very likely. The real pressure for BTC to rise comes dollar currency flow or genuine demand from greater population of users who are subject to capital controls or insecurity in their own currency and find BTC a superior product to conventional currency.

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Quote from: Cherylstar86 on July 30, 2020, 05:05:25 PM

Quote from: Findingnemo on July 30, 2020, 01:24:21 PM

Don't you think can save the rental pay if you are going to live with your family,you might face other expenses while living with them and how can you get a job if you are going to work in a remote place that is where normally the rent is cheaper.

That's just okay to live with them, and if you think family is very important you won't be bother taking it as a big deal on expenses. Bull run has many factors to consider, and with that simple concerns I believed we can handle it normally. If ever health crisis around the world will suppress, that the best time to expect greater changes but for a meanwhile we should extend patience all over.

We are talking about investments right so family expenses are also a liability too so if you are going to spend your money means you are losing your investment power and yes family is important but the fact staying together with them increases our chance of investing got busted here.

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Quote from: Febo on July 25, 2020, 10:13:39 AM

Quote from: StonksStonksStonks on July 20, 2020, 05:38:49 PM

Living with parents = saving minimum of $1000+ per month just from rent. So many people moved out of expensive cities like New York City went from paying $3,000/month to living at home with parents for free. And they work from home now, so they are saving money on transportation too. Vacations are cancled, ect. They aint spending money on shit, just saving saving saving. But the gov is printing and fear of that savings being erroded is high. Panic buying incoming Wink

What about apartment owners that ended up without money that they usually get for rent? How can they buy bitcoin now. Someone else will have to buy their usually share since they ended up with only costs and might even have to sell their stacked Bitcoins to pay those costs.

That's correct because when someone is saving money there is surely someone that is loosing money/business on the other hand because while I like the idea that people are now living with parents and able to save money but most of the people have got a cut in their salary because of the economic downfall and that saved money from rent is usually adjusted in that.

I think overall yes some students can save money as they used to spend all their pocket money into useless activities but the price of bitcoins aren't going to be influenced much by some students buying bitcoins.

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Living with parents doesn't assure of cutting the expenses. Children are responsible to take care of parents. In most cases parents live with the children, so they're supposed to bear rental and everything. If children live with parents the love within them will increase. This isn't gonna drive the bitcoin price movement.

carriebee

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Quote from: Cherylstar86 on July 30, 2020, 05:05:25 PM

Quote from: Findingnemo on July 30, 2020, 01:24:21 PM

Don't you think can save the rental pay if you are going to live with your family,you might face other expenses while living with them and how can you get a job if you are going to work in a remote place that is where normally the rent is cheaper.

That's just okay to live with them, and if you think family is very important you won't be bother taking it as a big deal on expenses. Bull run has many factors to consider, and with that simple concerns I believed we can handle it normally. If ever health crisis around the world will suppress, that the best time to expect greater changes but for a meanwhile we should extend patience all over.

Living with parents cannot guaranteed on saving money and can boost the bitcoin price. Yes there are many to consider for bull run to happen. This is really depends on how a person spend wisely, the more he saves the more he could invest in crypto. Also, during this pandemic, people realize saving money is really important.

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Quote from: electronicash on July 30, 2020, 02:14:15 PM

Quote from: Findingnemo on July 30, 2020, 01:24:21 PM

Don't you think can save the rental pay if you are going to live with your family,you might face other expenses while living with them and how can you get a job if you are going to work in a remote place that is where normally the rent is cheaper.

that is if its okay for the parent that their son and daughter stays with them.

what is not good is if they can scam their parents by telling them to invest a project. Grin

it would fuel the bullrun then. their parents pension money can pay the other expenses. do not worry about that parents can't resist their children to go hungry and live as a homeless man. this is however just a way to take advantage of your parents.

as a parent myself i don't wanna end up in a retirement home, i would rather pay my kids to stay with me and take care of my house while we stay under one roof than me going to be dying house.

I definitely prefer the same thing and as a parent then its true that no one will like to for their children to experience hardships in life and also feeding them and give them shelter is always been our priority
even if they do already had their own family we cant really still snap out those family ties.Taking advantage? its possible but it isnt just an ethical thing to be done into your parent just for the sake of investment
opportunities.Also even if they do able to do so it wont still be enough to fuel up the next bull run.People doesnt have much idea on how much money is need into this particular manner.
This doesnt only talk hundreds of thousands but rather we do talk multi-millions on here.

Cherylstar86

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Quote from: Findingnemo on July 30, 2020, 01:24:21 PM

Don't you think can save the rental pay if you are going to live with your family,you might face other expenses while living with them and how can you get a job if you are going to work in a remote place that is where normally the rent is cheaper.

That's just okay to live with them, and if you think family is very important you won't be bother taking it as a big deal on expenses. Bull run has many factors to consider, and with that simple concerns I believed we can handle it normally. If ever health crisis around the world will suppress, that the best time to expect greater changes but for a meanwhile we should extend patience all over.

electronicash

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Quote from: Findingnemo on July 30, 2020, 01:24:21 PM

Don't you think can save the rental pay if you are going to live with your family,you might face other expenses while living with them and how can you get a job if you are going to work in a remote place that is where normally the rent is cheaper.

that is if its okay for the parent that their son and daughter stays with them.

what is not good is if they can scam their parents by telling them to invest a project. Grin

it would fuel the bullrun then. their parents pension money can pay the other expenses. do not worry about that parents can't resist their children to go hungry and live as a homeless man. this is however just a way to take advantage of your parents.

as a parent myself i don't wanna end up in a retirement home, i would rather pay my kids to stay with me and take care of my house while we stay under one roof than me going to be dying house.

Findingnemo

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Don't you think can save the rental pay if you are going to live with your family,you might face other expenses while living with them and how can you get a job if you are going to work in a remote place that is where normally the rent is cheaper.

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Quote from: StonksStonksStonks on July 20, 2020, 05:38:49 PM

I think its already happening with the stock market.

Living with parents = saving minimum of $1000+ per month just from rent. So many people moved out of expensive cities like New York City went from paying $3,000/month to living at home with parents for free. And they work from home now, so they are saving money on transportation too. Vacations are cancled, ect. They aint spending money on shit, just saving saving saving. But the gov is printing and fear of that savings being erroded is high. Panic buying incoming Wink

https://www.youtube.com/watch?v=KvfgSo65jvE

Well, if your economic advise if to live with your parents in order to save your money then you can do that for the rest of your life and save a lot of money.
This is going to help you make investments and potentially earn money, but you will give as an exchange your freedom for that. You are going to get controlled over a lot of aspects of your life in order to make this deal.

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I think that when considering different age categories of children, there are completely different approaches to this issue. If we are talking about student-age children, then it is quite normal for such children to live with their parents and invest their free funds in their future, that is, in cryptocurrency. But when it comes to the older age of children, then I believe that in this situation, children should take care of their parents, and not parents about children. I agree with the previous users, who expressed their opinion that there is a very big difference in the cultures of a particular country and a particular society. I live in Ukraine and my parents demanded special attention and care at the age of 60. In my country, people age very quickly, while the state provision of pensioners is extremely low.

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Quote from: StonksStonksStonks on July 20, 2020, 05:38:49 PM

I think its already happening with the stock market.

Living with parents = saving minimum of $1000+ per month just from rent. So many people moved out of expensive cities like New York City went from paying $3,000/month to living at home with parents for free. And they work from home now, so they are saving money on transportation too. Vacations are cancled, ect. They aint spending money on shit, just saving saving saving. But the gov is printing and fear of that savings being erroded is high. Panic buying incoming Wink

https://www.youtube.com/watch?v=KvfgSo65jvE

Nice idea mate actually this not cross my mind about going back to my parents to have big amount of saving.

I will call my Mother later when i come back to my apartment and will ask if she will allow me to return just this year alone.

I know my parents will understand me,because my wife and children are also in Her parent now since the pandemic spreads.

Quote from: target on July 28, 2020, 04:23:03 PM

Kids today expect not just inheritance from their parents but wants them taken care of for the rest of thier lives. And parents also likes it because they cansee thier kids and monitor thier grand chikldren like its theirs. But its just not helping the new generation to be independent. The family ties of some culture though are always like this especially in Asian countries.

It depend in the culture of those said Kids mate,because in my country once you got a Girlfriend then you must live with her until you marry,
sorry this is our family culture and i respect yours of course.

and also sometimes parents demands their children to stay with them even until forever lol.

shoreno

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Quote from: target on July 28, 2020, 04:23:03 PM

Kids today expect not just inheritance from their parents but wants them taken care of for the rest of thier lives. And parents also likes it because they cansee thier kids and monitor thier grand chikldren like its theirs. But its just not helping the new generation to be independent. The family ties of some culture though are always like this especially in Asian countries.

that will look like they are mamas boy and papas boy and that is a funny thing especially if your older .

what will your friends , neighbors and other people say to you when they found it out ? inheritance is a different story and its part of the tradition of some rich families but majority of the parents wants thier kids to be independent . much more on those poorer families they will shout and get angry on thier kids if thier kids depend on them without a job .

Topic: Living with parents again could fuel the next Bitcoin bull run. (Read 818 times)